Workflow
Biotechnology research and development
icon
Search documents
Enanta Pharmaceuticals, Inc. (NASDAQ:ENTA) Price Target and Public Offering Overview
Financial Modeling Prepยท 2025-10-01 19:10
Core Insights - Enanta Pharmaceuticals is a clinical-stage biotechnology company focused on developing small molecule drugs for virology and immunology [1] - Jefferies analyst Akash Tewari set a price target of $20 for Enanta, indicating a potential upside of approximately 83.74% from the current price of $10.88 [1] - Enanta announced an upsized public offering of 6.5 million shares at $10.00 per share, expected to close on October 2, 2025, to raise capital for research and development [2] Stock Performance - Currently, ENTA is trading at $10.97, reflecting a decrease of approximately 8.35% with a price drop of $1 [3] - The stock has shown volatility, with intraday fluctuations between a low of $9.91 and a high of $11.83 [3] - Over the past year, ENTA has experienced a high of $15.34 and a low of $4.09, indicating significant price movement and investor interest [3] Market Activity - Enanta's market capitalization is approximately $234.5 million, with a trading volume of 2,459,054 shares, suggesting strong investor interest [4] - The recent public offering and the bullish price target from Jefferies have attracted attention from investors [4][5] - The additional capital from the stock offering could support Enanta's growth and innovation in the biotechnology sector [4]